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Asia


October 1, 2018

 

US pork council welcomes US trade talk with Japan

 

 

The National Pork Producers Council (NPPC) has welcomed an announcement that the US will soon begin trade talks with Japan, the US pork industry's number one value market, which imported more than US$1.6 billion of US pork in 2017.


"This is fantastic news for America's pork producers," said NPPC president Jim Heimerl. "Japan has been our top export market for years, so it's good that the administration wants to solidify the relationship with that important economic and geopolitical ally. This is very positive for the US pork industry, and it comes at a time when pork producers were having concerns about losing market share in Japan."


The US pork industry's biggest competitor, the EU, recently concluded negotiations on a free trade agreement with Japan. The deal is set to become effective early next year.


Additionally, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (TPP minus the US) is expected to be finalised in early 2019.


"We look forward to working with the Trump trade team on bolstering ties with one of our most important trading partners," Heimerl said.


- National Pork Producers Council

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